If the tenant is a foreign national then it is a W8 that you will need. 

The foreigners who are willing to pay the higher rents usually only come for a few months- Construction can be really shoddy.

I was also told that I’d have to file as a foreign entity in my home state.

In that sense it may make sense for a foreign investor or local land developer.In terms of strata I am referring to commercial buildings that are built out and instead of being leased are sold as individual strata units. 

So it's not foreign to me, and I'll be getting my real estate license in the summer to try and find better deals.

So, if you create an LLC in another state, you will need to register it as a foreign LLC in California.

So, if you create an LLC in another state, you will likely need to register it as a foreign LLC in California.

There are brokerages there that cater to foreigners that could probably help assist you with this.  

No foreign appliances.

I WILL REGISTER THE SERIES AS A FOREIGN LLC IN THE STATE.